What Are The Difference Between Mayora And Delta Djakarta

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The Food and Beverages sector is one of the most important industries in the world economy. The food and beverage industry encompass the harvesting, processing, milling, packaging, transport and distribution of products to consumers. This includes fresh, prepared foods as well as packaged foods, and alcoholic and non-alcoholic beverages. It is a complex, global collective of diverse businesses that supplies most of the food consumed by the world population. (C) Mayora and Delta Djakarta are both well-known companies of this sector. These companies are listed in the Indonesian Stock Exchange (IDX) with their respective codes (MYOR) and (DLTA) (C). As the both of them are rivals in the industry, myriad of detailed analysis to compare and contrast…show more content…
Even though, Mayora is way larger in size compared to Delta Djakarta it is interesting to note that they share a few liabilities in common. The most compelling evidence is that their financial liabilities are classified as “at amortize cost”. And are derecognized only when the obligation under the contract is discharged, cancelled or has expired. Conversely, the two also share a significant difference in their liabilities. Although, Mayora is more competitive in comparison to Delta Djakarta, Mayora still needs to borrow long term loans to fund their business. Increasing Mayora’s liability as they have to bear the interest expense. While on the other hand, Delta Djakarta is independent enough to circulate their business with the help of retained earnings for the betterment of the…show more content…
Equity is the residual interest in the assets of the entity after deducting all its liabilities (C). The main idea of knowing a company’s equity is to find out its value. Like the assets and liabilities of both the companies, their equity also shares a prime similarity. Both the companies mentioned above make use of retained earnings to stimulate business activities. Retained earnings is a percentage of the money earned by the company which is reinvested in the company. This can be done for several reasons and can be used to pay the companies depts. In contrast, they do share a major difference. Being a multinational company, Mayora except exchange difference from its clients. This is the difference from translating a given number of units of one currency into another currency at different exchange rates (C). Resulting in Mayora having foreign reserve increasing the value of the company’s equity. While Delta Djakarta only receives the Indonesian currency Rupiah which is quite cheap compared to other
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